NEC expands portfolio with the acquisition of German-based S[quadrat], a leading provider of high end LED display systems

Creating new business offerings to drive market growth and new developments for innovative LED product strategy

Munich, 5 February 2018 - NEC Display Solutions Europe today announced the acquisition of S[quadrat], a leading provider of LED solutions, as the company looks to expand its display technology portfolio to include complete LED systems for indoor (fine pitch) and outdoor solutions, designed and engineered in Germany.

With more than 30 years’ experience in the AV industry, this acquisition further strengthens and positions NEC as one of the world’s leading visual solutions provider while supporting a more consultative market approach focusing on in-depth understanding of customer challenges and vertical industry opportunities. The new acquisition will enable NEC to integrate and further develop its LED solutions and continue to develop its professional services and additional support capabilities. By providing a total package of full-service offerings along with its premium display technology NEC can offer end-to-end visualization services to its customers.

The market demand for large digital canvasses is rapidly growing across all major display technologies – LFD video walls, large venue/laser projection and LED walls, whereas now NEC becomes a single source for all product categories providing customers the ultimate choice to match their individual needs. There’s a clear growing demand from a range of industries for large-screen signage, advertisement and infotainment: transportation companies requiring bigger passenger information displays, retailers enhancing outdoor branding and advertising as well as in-store marketing, while other growth applications include control rooms, corporate conferencing environments and more.

Over the past three years NEC has successfully promoted the S[quadrat] product portfolio across all major markets. S[quadrat] has built an enviable reputation for state-of-the art LED display systems that combine high operating safety and pioneering feature sets that ensure a future-proof investment. These are combined with high quality components paired with an innovative design, all engineered in Germany. Customers can now benefit from a long-term LED expertise resulting in enhanced service offerings like Visualization as a Service with a holistic project sales support especially for complex installations including design, planning, consultancy, installation and after-sales support for long-lasting operation and investment security.

Hisatsugu Nakatani, President, NEC Display Solutions, Ltd. said: “NEC is offering the broadest visual solutions portfolio in the industry and is seen as a trusted advisor and total solutions provider. The acquisition of the S[quadrat] business will enable NEC to bring even greater value and benefits to our customers and partners by extending the service offerings. S[quadrat] and NEC follow the same strategic direction, focusing on high customer satisfaction performed by high quality products, sales leadership excellence and intense customer relationship building.”

“We have been working closely with NEC since a couple of years now and we are really looking forward to join forces to create an even stronger impact to the market,” said Andreas Brockschmidt, Sales and Marketing Director, S[quadrat] GmbH. “With our highly skilled expert team and long-term experience within the field of indoor and outdoor LED systems, we can offer professional and specialized added value and leverage the scale and value proposition to the NEC channel partners with service offerings like project planning, installations and maintenance.”

Follow us on Twitter at @NEC_Display_EU to keep up-to-date with all NEC Display Solutions news in EMEA.

About NEC Display Solutions Europe

NEC Display Solutions Europe GmbH has its European headquarters in Munich, Germany and is responsible for all business activities in EMEA. NEC Display Solutions benefits from the technological know-how and technologies of the NEC Corporation and, with its own Research and Development, is one of the world's leading manufacturers offering the widest product range of display solutions in the market. The display product portfolio ranges from entry-level to professional and speciality desktop LCDs, via large-size Public Displays for Digital and Retail Signage. The Projector range offers products for all needs, from portable devices via business projectors to products for permanent operation (such as PoS applications) and digital cinema projectors. Bernd Eberhardt is President and CEO of NEC Display Solutions Europe.

About S[quadrat]

Since founded in 2005, S[quadrat] has established itself as one of the leading providers of display systems in the field of video and information systems as well as architecture. S[quadrat] offers a "one-stop-shop" solution worldwide, including design and project planning to production and installation phase, supported by long-term service offerings.

About NEC Corporation

NEC Corporation is a leader in the integration of IT and network technologies that benefit businesses and people around the world. By providing a combination of products and solutions that cross utilize the company’s experience and global resources, NEC’s advanced technologies meet the complex and ever-changing needs of its customers. NEC brings more than 100 years of expertise in technological innovation to empower people, businesses and society.

Based on its Mid-term Management Plan 2015, the NEC Group globally provides “Solutions for Society” that promote the safety, security, efficiency and equality of society. Under the company’s corporate message of “Orchestrating a brighter world,” NEC aims to help solve a wide range of challenging issues and to create new social value for the changing world of tomorrow.